Yahoo!’s Carol Bartz Listed In Top 25 Overpaid CEOs
Amit Chowdhry | Tuesday October 19, 2010 | 683 views| Add a Comment
Yahoo! Inc. (NASDAQ:YHOO) CEO Carol Bartz has been placed in a top 25 list and it is not a good one. Bartz was listed in the top 25 list of overpaid CEOs as conducted by Glass, Lewis & Co. Yahoo! appears to lack a vision and revenues are flat.
Bartz made $39 million from Yahoo! last year, which includes salary and stock options not sold yet. “Bartz represents a problem we find at many other firms with poor pay-for-performance grades: excessive compensation awarded to executives to encourage them to join or remain with a company.”
Other overpaid CEOs on the Glass, Lewis list include Sanjay Jha (Motorola), Ahmad Chatila (MEMC), Ronald Hovsepian (Novell), Dan Hesse (Sprint), and Steven Appleton (Micron).
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